Sysnet forms Alliance with GTX Partners

Sysxnet Ltd trading as Sysnet, headquartered in Dublin, Ireland, is pleased to announce its strategic partnership with GTX Partners LLC. Sysnet is a worldwide provider of information security assurance and payment card industry compliance services.

“We are very excited to welcome the expert knowledge of the electronic payments industry that GTX Partners bring to Sysnet” said Tom Moynagh, managing director at Sysnet “The electronic payments security market offers significant opportunities, particularly in emerging markets such as Russia and the Middle East, and this partnership will enable Sysnet to take full advantage of those opportunities and realise its international expansion goals”.

Edward Grzedzinski, co-founder and former chief executive officer of NOVA Information Systems, Inc., is managing partner of GTX Partners LLC. Both Grzedzinski and Erik Toivonen of GTX Partners LLC will join Sysnet’s board of directors.

“This is an exciting time in Sysnet’s development and we are very pleased to be part of the team” said Grzedzinski. “Erik and I look forward to assisting Sysnet in the successful implementation of what is both a challenging and rewarding business development plan”.